larrygator Posted October 15, 2019 Share Posted October 15, 2019 (edited) Abu Dhabi's investment fund Mubadala has purchased the Looping Group (Groupe Looping). Properties purchased include UK - Pleasure Woods Hills, West Midlands Safari and Leisure Park Germany - Fort Fun Netherlands - Avonturenpark Hellendroom Spain - Isla Magica Portugal - Parque Aquatica Switzerland - Aquaparc France - Bagatelle, Mer de Sable, Grand Aquarium in Saint-Malo, the Grand Aquarium of the Val de Loire, Mini-Châteaux, Cobac Parc, Planète Sauvage, and Zoo de la Flèche https://www.dutchnews.nl/news/2019/10/dutch-amusement-park-hellendoorn-part-of-package-bought-by-abu-dhabi-royals/ Dutch amusement park Hellendoorn part of package bought by Abu Dhabi royals Dutch amusement park Hellendoorn has been partly acquired by the Abu Dhabi royal family, after it and 14 other European parks were sold to the group’s management and state investment fund Mubadala, the Financieele Dagblad said at the weekend. The 15 parks, under the label of the Looping Group, were owned by Belgian and French investment funds and had combined turnover of €110m a year, the paper said. The new owners aim to make the parks more attractive by improving accommodation, expanding the zoos in the package and buying new parks to add to the stable. Little is expected to change at the Hellendoorn park, local media said. Many Dutch amusement parks are in foreign hands. For example, the Dolfinarium in Harderwijk, the Neeltje Jans park in Zeeland and the Linnaeushof playground in Bennebroek are owned by Spain’s Aspro Socio company. Companie des Alpes owns the Walibi amusement park in Biddinghuizen and Ergon, which was part owner of the Hellendoorn park before the sale, acquired an interest in Slagharen earlier this year. Edited October 15, 2019 by larrygator Link to comment Share on other sites More sharing options...
jedimaster1227 Posted October 15, 2019 Share Posted October 15, 2019 It is interesting to see the spread of these parks under one company banner. Definitely a smaller set of parks, but based on the article, the company plans to acquire more parks, so this could become another Parques Reunidos with time. Link to comment Share on other sites More sharing options...
larrygator Posted October 15, 2019 Author Share Posted October 15, 2019 It is interesting to see the spread of these parks under one company banner. Definitely a smaller set of parks, but based on the article, the company plans to acquire more parks, so this could become another Parques Reunidos with time. Best comparison to US parks is probably the Apex Group Link to comment Share on other sites More sharing options...
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